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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 28

The BTC price rose again from the low of $3,992 to $4,088 10. If the bulls continue to sustain a price above the $4,000, the crypto’s price is likely to retest or break the resistance levels. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, March 27, the […] дальше »

2019-3-28 09:28


Cardano [ADA] pumps by 7% following Ledger Nano S support hint and Binance stablecoins-pair launch

On the back of a bullish week following a slew of announcements, Cardano [ADA] surged once again. Cardano rose to become the second highest gainer in the elite coins, behind EOS. The primary reason speculated for the surge in prices is the integration of the coin on the new Ledger Nano S, by the French […] The post Cardano [ADA] pumps by 7% following Ledger Nano S support hint and Binance stablecoins-pair launch appeared first on AMBCrypto. дальше »

2019-3-27 09:40


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


A $1 Million Bitcoin: Is It a Reckless Speculation or an Inevitable Reality?

Bitcoin is going to be worth a million dollar. The extremely bullish target is once again trending high inside the cryptocurrency space thanks to Jesse Lund. The IBM executive, who heads the firm’s blockchain & digital currencies wing, recently said in an interview that bitcoin would reach a seven-figure value. дальше »

2019-2-25 15:58


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Analyst Claims Bitcoin Must Break Above $4,000 Or BTC Will Face Strong Rejection

Bitcoin is once again beginning to creep towards its strong resistance level at $4,000 following a relatively involatile trading session over the past couple of days. Although BTC has seen some incredibly bullish momentum over the past few weeks and has firmly established the low-$3,000 region as a strong level of support, its upwards ascent. дальше »

2019-2-23 01:00